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Manhattan / Lower East Side / 10002

114 RIDGE STREET

Boro1
Block344
Lot41
BBL1003440041
Class D6
Residential units
23
Units in total
27
Storeys
7
Year built
2003
Last alteration on file
2011
Recorded transfers
2 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
31 Mar 2023$2,228,000-APARTMENT BUILDINGRPTT
15 Apr 2015$27,046,250-APARTMENT BUILDINGDEED
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20231$2,228,000--
20151$27,046,250--
02

The building on the lot

Section through the lot

LOT 5,373 SQ FT7
Drawn from PLUTO: 7 storeys, 27,109 sq ft of building on 5,373 sq ft of lot, an average floor plate covering 72% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
5,373 sq ft
Building area
27,109 sq ft
Residential area
16,107 sq ft
Commercial area
11,002 sq ft
Office area
11,002 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
5.05
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$675,000
Assessed total value
$1,917,450
Exempt value
$0
Assessed per residential unit
$83,367

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
D6ELEVATOR APT; FIREPROOF WITH STORES
Neighbourhood
Lower East Side
ZIP code
10002
Community district
Manhattan 3
Council district
2
Coordinates
40.718874, -73.982933
05

Other buildings in Lower East Side

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
409 GRAND STREETD48801960621$860k
357 GRAND STREETD48661960608$890k
570 GRAND STREETD48391955563$740k
453 FDR DRIVED48331955552$728k
530 GRAND STREETD45251949398$690k
CLINTON STREETD640019720-
199 BROOME STREETRM37920211-
95 EAST HOUSTON STREETRM36120031-
133 PITT STREETD926320101-
180 BROOME STREETRM26320180-
500 GRAND STREETD42581949174$663k
207 EAST HOUSTON STREETD824320061-

Every building on file in Lower East Side